The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-05-28
MONEY. BONDS AND STOCKS.

Another Dull Day, the transactions Being
Conflned the Professionals
NEW YORK, May 2Z--Money on call was
easy at 467 Der cent, the last loan being made
at 5 per cent. closing Mt sat per cent
Prime mercautils paper. sac per cent
Sterling exchange was dull but steady and IN
changed.
The total sales of stocks to-day were 228.958
shares including the following: Delaware.
Lackawanna & Western, 900: Erie. a, AGO: Fort
Worth a. Denver. 1910; Lake Shore. II. O48. Mis-
souri, Pacific. .450: Northern Pacific. 400; Pa
ci6c Mail. 4120; Peoria, Decatur g. Evansville.
346O; Reading, "a, $50; St Paul. 3.250; Western
Union, Il. go.
The apathy among operators was again notice
able in the stock market TO day, the transactions
being more purely professional than for any pre-
vious day this week. The room traders had
things pretty much themselves, and realza-
tions for the account Of those who will be absent
from the tomorrow were the most i'm
portant features OF the day. The traders, who
are for the part bearlshly inclined, also at
tackled the marKet ard notwithstanding the ex-
pectation of further improvement and the
moderately firm tone at the opening. several ma
terial declines were made, aud. with the exceD-
ton Of short period in the afternoon. the mar
ket was heavy throughout the day. There was
no special pressure to sell, except for a
short time in the first hour. There was special
effort by the ''hears" at the close. and attacks
were made upon Pacific Mail and New England,
while the rates for money we're bid up 10 Z per
cent Reading was again the most prominent
stock, but it's fluctuations were extremely light.
Fort Worth 81 Denver was the specially weak
stock of the general list, while among the spe
cialties Alton & Terre Haute conspicuous
for the decline established The opening WAS
barely firm. first prices showing insignificant
changes only from Yesterdays final figures, with
advances in a small majority There was con-
siderable activity In the first few minutes, but
the market scon became dull and so re-
NAMED throughout the rest of the
day Prices showed but slight movement, except &.
in 81. Paul & Duluth, which was again strong.
Colorado Coal declined l. but quickly recovered,
and Alton d Terre Haute broke T. This was
later followed by decided weakness in Fort
Worth & Denver. while St. Paul & Duluth lost
the greater portion of its former advance The
afternoons market was extremely dull, with
prices In the general st nearly stagnant, except
for a sharp recovery IN Alton q Terre Haute,
and the development of decided strength iI
Manitoba. The heavy tone became more pro-
nounced in the last half. and the close quiet
bat heavy weak at the lowest prices of the
day. Sales: 228 $50 shares: Reading Ga. 695;
Lake Shore. ll.G4S The entire active list is
lower. although the declines for fractional
amounts only, excep. in Fort Worth & Denver,
which lost Il: New England. 1t. and Pacific
Mail per cent.
The railroad bond market was quiet and dis
played very litte feature, the sales for the day
footing M 81, 40i 600. to which Atlantic & Pa
cific neon contributed $l45. 900 and Denver e.
Rio Grande, western assented, Sl06. 900. Prices
irregular. though generally firm in the
forenoon. and weaker late n athe day. Final
prices show irregular changes. Canada South
registered seconds gained "a Milwaukee.
Indianapolis, Decatur 81 Sprn gfsld income
cepts. q, to 45; Wabash convertioles, 2, 20 81
Government bonds we're dull but firm.
State bonds were dull and steady. Closing